Top US Destinations Where Young Adults are Moving

The U.S. population is always in flux from people moving to new destinations. According to a study of U.S. Census Bureau data, each year:

2 percent of people in the U.S. move to a different county

3 percent relocate to a different state

Those in college and career bound move more often

Millennials move almost twice as frequently as the population as a whole

To identify the top destinations for young adults, 24/7 Wall Street looked at the top 40 counties where Millennials aged 25 to 34 moved to in 2016, with the ranks based on number locating in the county as a percentage of the county’s total population. The following table shows the top-10 counties out of the top 40 identified by the study. It was surprising to me to see the top ranked county to which young adults relocated to had a massive 7.8 percent increase in population just from the movers as shown in the following table.

No doubt, where the younger adults are relocating to will make a material difference in those local economies and housing markets. From an investment perspective, these may already be hot spots for entrepreneurs.